Express, Inc. Gets Delisting Notice From NYSE; Trading Of Its Common Stock On NYSE Was Suspended, After Market Close On March 6, 2024
Portfolio Pulse from Benzinga Newsdesk
Express, Inc. received a delisting notice from the NYSE, leading to the suspension of its common stock trading after market close on March 6, 2024. The stock will now trade on the OTC Pink Market under the symbol 'EXPR'.
March 06, 2024 | 9:46 pm
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Express, Inc. has been delisted from the NYSE and will now trade on the OTC Pink Market.
Being delisted from a major exchange like the NYSE and moving to a less regulated market such as the OTC Pink Market is generally seen as negative for a company's stock. It can lead to reduced liquidity, lower investor confidence, and a decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100